FX:USDCAD   U.S. Dollar/Canadian Dollar
138 4 0
Check out the weekly negative divergence on stochastics!! Also, inability to reclaim the trend line. Although we are sitting on all the EMAs, the down pointing weekly stokes are good enough for me - esp             on a weekly chart - the monthly stochastics seems to be turning down from overbought to now... im defo shorting this pretty much immediately, although hopefully on the lower time frames we'll get a small bounce...

CAD generally looks real strong.
KevinT
3 years ago
That 200 MA is indeed a pain in the for shorters. It's also preventing the twin top formatio from completing. RSI in the proximity of 50,,,just below. I'll wait for the MA break. Definately a nice chart.
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KevinT
3 years ago
Gotta follow this one.
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Monk KevinT
3 years ago
Hi Kev... this is markstone - I changed my profile name :p... thanks for all your comments :). Yup this one on the watchlist...
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KevinT Monk
3 years ago
Hey Mark. That's you bro ;)
BTW. Do you remember my (bullish) wolf wave on GBPUSD? We both had a hard time believing it would go that high, but it was what the pattern predicts. Amazing isn't it.
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